Eric Dinallo, the former New York insurance superintendent, is expected to join the law firm of Debovoise & Plmpton as a partner, according to a media report.
Two insurance trade groups jointly filed suit May 25 against the New York State Insurance Department asking the New York State Supreme Court to halt implementation of a new broker compensation disclosure rule.
After a nearly three-year stint in the public sector as a superintendent with the New York State Insurance Department – including a month as the agency’s acting superintendent – Kermitt Brooks has joined AXA Equitable Life Insurance Co.
Twenty-two days after being named acting superintendent of the New York State Insurance Department, James J. Wrynn is now the agency’s official overseer.
Eric Dinallo, who resigned last month after two years as New York’s insurance superintendent, announced his intent to become the state’s next attorney general in 2010.
A little over three months after Gov. David A. Paterson tapped him to head the New York Insurance Fund, the governor has appointed James J. Wrynn as the next superintendent … Read →
On the job as acting New York insurance superintendent for less than a month, Kermitt J. Brooks has been named to a key working committee of the National Association of … Read →
A little over five months after issuing a proposed regulation requiring agents and brokers to disclose any and all commission on insurance policies they write, the New York State Insurance … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.